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Annaly Capital Management, Inc. Message Board

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  • stnlsman stnlsman Oct 31, 2008 12:53 PM Flag

    Libor continues to plunge.

    Would be interested to know which indicators you look at in following NLY day to day movement.

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    • Posted long ago. However, since you appear to be new here, as a courtesy, including some proprietary indicators, I look at things such as Stochastics, Money Flow Index, Williams Ratio, Moving Averages and Divergences. One of my most important numbers is simple volume. We have had many attempted breakouts in NLY in the past. They all failed because the monster volume needed to break through overhead resistance has not been there.

      I have not traded NLY in about a month. I missed some good moves, but I have had a great half year in the stock, more than doubling the annual dividend return in that time and, for the most part, not even staying overnight in the stock, so I didn't want to tempt fate. I have played it from the short side on occasion and have made very good money, too. Discipline has paid off in this stock. You wait for extremes to coincide on these indicators and then you put your trade in accordingly.

10.42+0.050(+0.48%)Apr 29 4:05 PMEDT